Focus of attention: Evergrande chairman Hui Ka-yan. Some analysts believe outside of his own 77.79 per cent of the company’s shares, the remainder is partly controlled by some of his closest Hong Kong-based circle of wealthy friends. Photo: Nora Tam

What’s really driving Evergrande’s ever-surging share price?

Analysis: Chairman Hui Ka-yan holds 77.79pc of its stock, but who’s after the rest, and what’s the company’s genuine worth?

Topic |   Stocks

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Focus of attention: Evergrande chairman Hui Ka-yan. Some analysts believe outside of his own 77.79 per cent of the company’s shares, the remainder is partly controlled by some of his closest Hong Kong-based circle of wealthy friends. Photo: Nora Tam
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